Paul Tudor Jones says ‘mania’ in share buybacks threatens to have ‘social consequences’
Hedge fund manager Paul Tudor Jones issued a call for more responsible investing, saying that the craze over stock buybacks is causing troubling social ills. “I think we’ve got a mania going on in buybacks and a mania going on...
Plunge in crypto sets stage for Facebook and other tech giants to hire blockchain experts
The drop in cryptocurrency prices is meaning job losses for some, but it may carve out an ideal hiring opportunity for tech giants. Some blockchain start-ups, regardless of having talented teams of engineers, haven’t been able to prove a use...
Aussie and Kiwi Outlook: Storm Clouds Gathering?
Both the Australian and New Zealand dollars have seen the wind leave their sails lately, amid mounting speculation that their respective central banks will cut rates soon, and as investors started having second thoughts about a US-China trade deal. Examining...
Stocks Indecisive as Investors Weigh Soft Data Against Dovish Central Banks
After a big rebound in January, the US stock markets appear a little tired. Investors are weighing the negative impact of soft economic data on future company earnings against the positive impact of interest rates remaining low for longer, with...
GBP/USD Outlook: Cable Breaks Below 1.29 Pivots; Weak UK Data Added to Negative Sentiment
Cable remains at the back foot in early American trading on Monday and probes below pivotal 1.29 support zone, after weak UK data further soured the sentiment. Sterling entered the third week deeply in red, pressured by Brexit concerns and...
USDJPY Rallies With Eyes On Key Resistance At 111.01 Level
USDJPY rallies with eyes on key resistance at 111.01 level. On the upside, resistance comes in at 111.50 level. Above this level will turn attention to the 112.00 level. Further out, we expect a possible move towards the 112.50 level....
Dollar Surges Against Yen and Swiss as US-China Trade Talks Resume
Yen and Swiss Franc are trading broadly lower today thanks to rebound in global equities. Fresh selling is seen on news that White House senior counselor Kellyanne Conway said Trump may still meet Chinese President Xi Jinping in the near...
US 500 Stock Index Finds Resistance at 200-SMA, Hovers Around 61.8% Fibonacci
US 30 stock index found strong resistance obstacle at the 200-simple moving average (SMA) in the daily timeframe, hovering around the 61.8% Fibonacci retracement level of the downleg from 2,940 to 2,332, near 2,708. The short-term technical indicators support this...
DAX Stabilizes after Sharp Slide
The DAX index has steadied on Monday after sharp losses last week. On Monday the DAX is at 10,991, up 0.78%. There are no German or eurozone events on the schedule. It was a dismal week for the DAX, which...
EUR/USD – Euro Slide Continues As Investor Sentiment Sours Over Soft Data
After posting five losing days last week, the trend continues as EUR/USD has started the week in the red. On Monday, the pair is trading at 1.1307, down 0.13% on the day. It’s a slow day for fundamentals, with no...